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Notes to the Financial Statements EC1Y 2AB 1 ANNUAL REPORT & FINANCIAL STATEMENTS Leg AL AND FOR THE YEAR ENDED 31 DECEMBER 2014 ADMINIstRATIVE DETAILS COMPANY NUMBER CONTENTS 07513900 CHARITY NUMBER FOREWORD 1141798 P3 CHAIRMAN’S FOREWORD REGISTERED OFFICE In my capacity as Chairman of the Board of Trustees I am 60 Trafalgar Square pleased to present the Annual Report and Financial London P4 SecRETARY GENERAL’S INTRODUctION WC2N 5DS Statement for the Global New Car Assessment Programme (Global NCAP) for the year ending 31 December 2014. During TRUSTEES the course of the year Global NCAP has significantly extended Mr Max Mosley (Chairman) its work with a series of new initiatives promoting safer P5 OUR AIMS & OBJectIVES Mr Nirav Dumaswala (Treasurer) Mr Guido Adriaenssens vehicles in support of the current United Nations (UN) Dr Verona Beckles Decade of Action for Road Safety. P6 ACHIEVEMents IN 2014 Mr Lauchlan McIntosh Mr Anders Lie The report highlights Global NCAP’s main activities in 2014 Mr Adrian Lund which include: the first results of our Safer Cars for India P30 HOW OUR WORK BENEFIts THE PUBLIC SECRETARY GENERAL project; more five star ratings by ASEAN and Latin NCAP; the Mr David Ward launch of a new fleet safety guide; becoming a partner of the Bloomberg Initiative for Global Road Safety; and an impressive P32 HOW EFFectIVE WE ARE ADMINISTRATOR Annual Meeting attended by all our partner NCAPs and hosted Ms Shakireh Ispahani by our partner CNCAP at the China Automotive Technology FINANCE MANAGER and Research Centre (CATARC) in Tianjin. P34 MOVING FORWARD IN 2015 Mrs Katie Baker TECHNICAL DIRECTOR This progress has only been possible through the strong support P36 FINANCIAL REVIEW AND POLICY Mr Alejandro Furas of our associated NCAPs, our technical partner, the Allgemeiner DIRECTOR OF CAMPAIGNS AND COMMUNICATION Deutscher Automobil-Club e.V (ADAC), our own management Mr Richard Woods team, and, of course, our donors. We are especially grateful to P40 REPORT OF THE AUDItoR ADVISORS: BANKERS the FIA Foundation for its generous multi-annual grant and Barclays Bank Plc delighted that Bloomberg Philanthropies will be joining as a Barclays Corporate major donor in 2015. We are also pleased to have received grant P41 PRINCIPAL ACCOUNTING POLICIES Wytham Court support from the Road Safety Fund, Underwriters Laboratories 11 West Way and the World Bank Global Road Safety Facility (for the Safer Oxford Cars for India project) and also from International Consumer P44 STATEMENT OF FINANCIAL ACTIVITIES OX2 0JB Research & Testing and the Inter-American Development Bank. AUDITORS Arram Berlyn Gardner LLP This very welcome support comes at a vital time for Global P45 BALANCE SHEET Chartered Accountants NCAP as we intensify our efforts to contribute to the ambitious 30 City Road goals of the Decade and ensure that all new passenger cars meet London the most important UN safety standards at the latest by 2020. P46 Notes to THE FINANCIAL stATEMents EC1Y 2AB WEBSITE www.globalncap.org WITH THANks TO OUR SUPPORTERS: T RUSTEES’ ANNUAL REPORT The Trustees present their report on the activities and results for the year ended 31 December 2014. This report describes the main highlights of the year including the M AX MOSLEY progress made against objectives, the new challenges Chairman being undertaken and the goals being set for the future to Production and Design by Sue Fordham achieve the aims of the Charity. FRONT COVER: A side impact for the five2 star VW up!. ©2015 GLOBAL NCAP 3 ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2014 OUR AIMS AND INTRODUctION OBJectIVES Global passenger car production rose to a record 67.5 million units Global NCAP aims to promote public safety and public health, the in 2014. However, at least a third of these vehicles would fail UN protection and preservation of human life and the conservation, impact test standards for occupant & pedestrian protection and protection and improvement of the physical and natural are not equipped with the crash avoidance technology, Electronic environment. Stability Control (ESC). This is the vehicle safety deficit that needs to be eliminated by the end of the current UN Decade of Action in We encourage consumers to demand and manufacturers to supply 2020. safer vehicles by supporting independent testing programmes that assess the comparative safety performance of automobiles. The best way to achieve this is to democratise car safety by ensuring universal application of the most important UN regulations and We provide an international platform for cooperation among New encouraging consumer demand for safer cars. That is why Global Car Assessment Programmes (NCAPs) and similar organisations to NCAP is promoting UN standards and supporting independent share best practice, exchange information, and promote the use crash rating in key emerging markets in Asia and Latin America. The of consumer information to encourage a market for safer motor growing number of five star results being awarded by ASEAN and vehicles worldwide. Latin NCAP shows that this approach is working. We promote the development of NCAP’s in emerging markets In 2014, with our partner the Institute of Road Traffic Education, where vehicle growth is strong but consumer safety information is we also published the first results from the Safer Cars for India frequently unavailable. We do this by providing financial support project. The crash tests acted as a catalyst for lively debate and and technical assistance to newly established NCAP’s. we have had promising dialogue with both the Indian Government and car manufacturers. We are optimistic that this will lead to the We carry out research on innovations in vehicle safety technologies, application of UN crash test standards and the launch of a national their application in global markets, and the range of policies that NCAP; ultimately leading to reduction in India’s road fatalities. will accelerate their use and then track progress of vehicle safety across the globe. In 2015 we will launch a major advocacy initiative ahead of next November’s High Level Global Conference on Road Safety hosted We have also developed a global awards scheme to recognize by the Brazilian Government. The meeting will carry out a mid-term achievement in vehicle safety, innovation in safety-related review of the Decade of Action to which Global NCAP will submit technologies and products. a ‘Road Map for Safer Cars 2020’ setting out key recommendations for governments and vehicle manufacturers. We want to empower Global NCAP has consultative status with the United Nations consumers in a global vehicle market underpinned by universal (ECOSOC), is a member of the UN Road Safety Collaboration, and application of the UN’s most important safety standards. As we supports the UN Decade for Action for Road Safety 2011-2020 and reach the mid-point of the UN Decade it is time to step up the the implementation of the Global Plan for the Decade, particularly action in favour of safer vehicles and prevent so many unnecessary its vehicle related recommendations which form part an overall and avoidable fatalities. strategy to achieve a world free from road fatalities. DAVID WARD Secretary General 4 5 ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2014 AcHIEVEMents IN 2014 In 2014 Global NCAP has continued to support and develop car safety and environmental programmes that are making a real and measurable impact. Progress on main activities and projects undertaken during the reporting period are detailed below. Further details are available from the Secretary General. 6 7 ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2014 SAFER CARS FOR INDIA In January 2014 the first results of the Safer received a four-star rating for adult occupant Cars for India project were released at a protection. The news coverage generated by Conference held in New Delhi, hosted by the launch in January was extensive in both Global NCAP’s partner the Institute of Road the Indian and international media and was Traffic Education (IRTE). The first phase of featured on NDTV’s influential Car and Bike the project tested five popular and important Show. models to assess their performance in the UN’s frontal impact crash test (Reg. 94) On 3 November a second set of test results carried out at 56 km/h and at also at the were released at a conference hosted by higher speed of 64 km/h typically used by IRTE and Global NCAP in association with NCAPs. The models tested included India’s the Ministry of Road Transport and Highways. best-selling cars, the Suzuki-Maruti Alto 800, The test results featured the Datsun Go, a the Tata Nano, Ford Figo, Hyundai i10 and new design launched in 2014, and the Maruti Volkswagen (VW) Polo. Combined sales of Suzuki Swift both with and without airbags. these five cars account for around 20% of all The Go scored zero stars as its body structure the new cars sold in India in 2013. collapsed making it redundant to even fit an airbag. With no airbags, the Swift also The results highlighted major differences scored zero stars. However, although its body in the structural integrity of the vehicles shell was unstable the car would benefit from tested. The body shells of the Alto 800, the airbags. In a separate test of a version with Nano and the i10, proved inadequate and air bags (sold in Latin America) it scored three collapsed to varying degrees, resulting in stars which clearly demonstrated the model’s high risks of life-threatening injuries to the potential for improvement. occupants. These models also lacked airbags but their structural weaknesses were such Speaking at the Delhi conference the Minister that fitting airbags would have uncertain of State for Road Transport, Highways and effectiveness in reducing the risk of fatal Shipping, Krishan Pal, stressed that “safety or serious injury.
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